CashtoCode
CashtoCode is a modern and secure online payment method. It is a prepaid payment method that works similarly to the Paysafecard. A big advantage of CashtoCode is that no sensitive bank or credit card information has to be transmitted to make a payment. In the meantime, there are already more than 100,000 points of sale, so this payment method is apparently becoming more and more popular.
How does CashtoCode work in detail?
CashtoCode wants to enable its customers to make payments as anonymously as possible. A transaction can be carried out by generating a barcode in the app, which is then used to confirm the payment. This means that users do not have to transmit any credit card or bank data to the recipient, but simply pay with CashtoCode on a prepaid basis.
Step by step payment by CashtoCode - this is how it works:
- Select CashtoCode as payment method
- A barcode is generated, which can be stored on the cell phone
- The user can now go to a CashtoCode payment partner (e.g. gas station, supermarket) and show the barcode.
- Once the amount is paid at the local store, the payment is completed.
Who founded CashtoCode?
CashtoCode was founded back in 2013 in Berlin by the start-up Funanga. In the meantime, however, the company has its headquarters in London and for this reason is also subject to the British regulatory authorities.
CashtoCode as a means of payment in online casinos
For a short time CashtoCode has also arrived as a means of payment in online casinos and online gaming arcades. A big advantage is the possibility of an anonymous Deposit, without having to disclose personal data or sensitive banking information. However, with CashtoCode only one deposit is possible in the casino. For withdrawals, players have to resort to alternative payment methods.
So far, the number of gambling providers that accept deposits via CashtoCode is still relatively small. However, it is expected that significantly more online gambling providers will soon add this payment method to their payment portfolio.
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